Performance

Real Estate Results


Healthy Neighborhoods measures quarterly real estate sales data and reports its findings to its board of directors and neighborhoods partners. The data compare home values on target blocks to neighborhood census tracts as well as trends for Baltimore City overall. For each neighborhood Healthy Neighborhoods tracks percentage of permits over $5,000, median listing price, median days on the market, number of units sold, and percentage of vacant and abandoned buildings.

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Study to Identify Low Income Restricted Housing


Healthy Neighborhoods asked the Community Law Center (CLC) to identify multi-family income restricted developments in and around the Healthy Neighborhoods (at the time of the study, Healthy Neighborhoods was working in 10 neighborhoods). The study was to determine, among other factors, how much housing was available and when or if it was vulnerable to conversion to market use. We found that most units in and around the 10 Healthy Neighborhoods are not at risk in the immediate future for conversion to market-rate use because of long-term rent restrictions that come with public financing. Through its research, the CLC identified 5,988 subsidized units in and around the Healthy Neighborhoods that have income and rent restrictions: 2,210 units are designated for low-income families; 2,808 units are designated for elderly and disabled residents; 970 units are in mixed-use projects. 
 

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Financial Statements


To read Healthy Neighborhoods' Financial Statements and Independent Auditors' Report for the year ending December 31, 2008, click here.